Keyword Analysis & Research: gamestop stock split 2021

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Is GameStop the meme stock of 2021?

GameStop ( GME -3.96%), the infamous meme stock of 2021, is back on investors' radar again. This month, the company announced a 4-for-1 stock split, which will take place after trading closes on July 21. GameStop's stock split may come as a surprise to some investors since the current price per share is around $140.

What happened to GameStop stock split?

GameStop 's ( GME -2.67%) stock split announcement finally dropped. Investors have been waiting since March for the move after the video game retailer dramatically increased the number of shares outstanding from 300 million to 1 billion with the goal of splitting the stock.

Is GameStop's stock trading on its fundamentals?

While GameStop's stock typically doesn't trade on its fundamentals, that doesn't mean it never does. After announcing its stock split, the video game retailer also said it had fired its CFO and was laying off employees. After jumping 15% on the split announcement, the stock tumbled again in the aftermath of the firing and layoffs.

Will GameStop’s 4-for-1 stock split continue the trend in tech stocks?

Other major tech companies that have split recently following sky-high share appreciation include Amazon, Nvidia and Tesla. This week, the GME stock split will continue the trend when GameStop executes a 4-for-1 split on 21 July. But unlike the other names on this list, the beleaguered video game retailer isn’t splitting at the top of its game.

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